# Jimmy deposits \$4-000 now- \$2-6003 years from now- and \$4-6006 years f.docx

Jimmy deposits \$4 , 000 now, \$2 , 6003 years from now, and \$4 , 6006 years from now. Interest is 3% for the first 3 years and 7% for the last 3 years. a. How much money will be in the fund at the end of 6 years? \$ b. What is the present worth of the fund? \$ c. What is the uniform series equivalent of the fund (uniform cash flow at end of years 1-6)? .

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### Jimmy deposits \$4-000 now- \$2-6003 years from now- and \$4-6006 years f.docx

• 1. Jimmy deposits \$4 , 000 now, \$2 , 6003 years from now, and \$4 , 6006 years from now. Interest is 3% for the first 3 years and 7% for the last 3 years. a. How much money will be in the fund at the end of 6 years? \$ b. What is the present worth of the fund? \$ c. What is the uniform series equivalent of the fund (uniform cash flow at end of years 1-6)?
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